Wednesday, April 17th 2013 - 07:35 UTC

Argentine farmers expected to plant more wheat this coming season

Argentina will plant more wheat this season than last year because of farmer-friendly adjustments to the government’s export policy and the bad luck that growers had last season with alternative crops such as barley, a key grain exchange said.

An estimated 3.9 million hectares (up form 3.6m) will be planted with wheat, says the Buenos Aires Grain Exchange

At a time of rising world food demand, the grain-exporting powerhouse can expect 3.9 million hectares to be sown with wheat in the 2013/14 season, up from 3.6 million planted in 2012/13, the Buenos Aires Grain Exchange said in its first wheat area estimate of the year. Planting starts next month.

“Our survey of growers shows a clear improvement in terms of intention to sow wheat,” the exchange said in a statement. “This improvement is due primarily to the poor experience that growers had with alternative crops (mostly barley) last season.”

Figures for the previous season’s wheat harvest in Argentina have yet to be finalized, with the exchange estimating a take of 9.8 million tons and the United States Department of Agriculture (USDA) putting it at 11 million tons.

Argentina restricts wheat and corn exports to ensure ample, affordable domestic food supplies.

Argentina nonetheless suffers from one of the world’s highest inflation rates, estimated by private economists at about 25% per year. This, along with strict government-imposed currency controls, has slowed investment in the country’s key farm sector.

Although 8.3% higher than Argentina’s 2012/13 wheat planting area, the 3.9 million hectares expected by the exchange for 2013/14 would be 7% under the average planting area registered over the last four years.

Argentine farmers have been less enthusiastic about planting wheat and corn over the past few seasons since the government started placing export curbs on the two grains. Soy, the country’s main agricultural product, is not subject to the curbs.

The government adjusted its wheat policy this year by announcing the entire season’s exportable surplus at once. It used to issue piecemeal export quotas throughout the season, making it hard for growers to know how much wheat to sow at the start of the crop year.

In early March and well before May planting, the government responded to farmers’ complaints by announcing a full season export quota of 5 million tons. Internal wheat demand in Argentina is about 6 million tons.

The retouched policy was “an important factor” in the farmers’ decision to plant more wheat this season, the exchange said.

15 comments Feed

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1 LEPRecon (#) Apr 17th, 2013 - 10:00 am Report abuse
Headline should read: “Argentine government backtracks on insane policies, but is it a case of too little too late?”

Assuming that the current Argentine government survives the winter, especially with the shortfall of LNG, the farmers may just be able to grow enough wheat to feed the Argentine people, but probably won't have enough to export and create all those lovely dollars CFK likes stuffing in her off-shore bank accounts.
2 Optimus_Princeps (#) Apr 17th, 2013 - 11:30 am Report abuse
@1 You may have not caught wind of it yet, but here they are talking about one of the people that helped the K's launder and offshore their dirty money. He spent $600,000 USD on a wedding to a gold digger, and is characteristically denying everything with that pathetic guilty tone.
3 yankeeboy (#) Apr 17th, 2013 - 12:26 pm Report abuse
They one drought or deluge away from all the small-mid sized farmers declaring bankruptcy.
Can you imagine!
This is their only hard currency export and CFK is strangling it and robbing the farmers at the same time.
She needs a retirement party.
4 John Troll the 3rd (#) Apr 17th, 2013 - 01:22 pm Report abuse
Americans destroying their environment

“The Colorado River is the lifeblood of the American Southwest, providing drinking water for over 36 million people across seven states, irrigating 15 percent of our nation’s agriculture output, and supporting a $26 billion recreation economy. In fact, it is so important, that if the Colorado River were a company, it would be the 19th largest employer in the Fortune 500.

And yet, the river is so dammed, diverted and over-tapped along its 1,400-mile course that it dries to a trickle before reaching the sea.

In the last 13 years, water storage in the basin has decreased by 40 percent. Scientists predict climate change will reduce the Colorado River’s flow by another 10 to 30 percent by 2050. And if that is not enough to underscore the immediacy of the problem, the basin is facing another drought this summer.”

“After suffering through the worst drought in decades last year, farmers throughout the Midwest should brace for another round of hot and dry conditions in 2013, weather forecasters warned on Thursday.”

sizzzzzz ~ ~
5 yankeeboy (#) Apr 17th, 2013 - 01:32 pm Report abuse
4. And you point is???
CO river has been mismanaged for years. It is not news. LA, Las Vegas and Phoenix better figure out how to live with less water. It is ridiculous that there are so many fountains, man made lakes, etc to bring a tropical jungle feel to deserts.
My bet is they will figure it out before anything dire happens. We do love to innovate here and it is a known problem so I imagine people are already working ng on it.
We aren't argentina you know.
I hear CFK is BEGGING BEGGING WB to release U$130MM to help with the river flooding in La Plata but the USA/UK/Germany are all voting against it.

Your 2nd article is a little out of date, the huge amount of snow they've received in March/April has cured most of the drought areas. Now they're worrying about too much run off!
Plus it really has no effect on our country overall.
Most of them are growing corn to put in cars which needs to stop anyway.
Food shouldn't be used for auto fuel.

So again what is your point?
6 John Troll the 3rd (#) Apr 17th, 2013 - 01:37 pm Report abuse
You see the world in terms of weeks and months, nature sees the world in terms of eons.

Your drought has just begun.

sizzzzz ~~
7 yankeeboy (#) Apr 17th, 2013 - 01:44 pm Report abuse
6. The world better hope not, we supply most of the world with its food. It would be a tragedy if we had to keep everything for ourselves.

Mind providing a little proof to that statement, since most of the global warming myth has been debunked I would have a hard time believing it.
8 John Troll the 3rd (#) Apr 17th, 2013 - 02:20 pm Report abuse
You supply the world with food? Oh sure... lol

And Oh yes, global climate fluctuations are a hoax, the world has always stayed at the same temperature. Yes, American “science” and school curriculum I forgot.

Yes, I know... all those hominid remains are also hoaxes, Abraham had in his farm a heard of Brontosauruses, your brain turns into goo if you complain, and Chinese what created at the highest floor of the tower of Babel.

I think that all covers it for American education right?
9 Conqueror (#) Apr 17th, 2013 - 02:33 pm Report abuse
Just think of all that lovely wheat. And all those lovely Monsanto chemicals they spray on it! Could Monsanto have a cunning plan to poison argies into insanity? Too late!
10 yankeeboy (#) Apr 17th, 2013 - 02:37 pm Report abuse
And you link is where? I see opinion but no facts as usual. One wonders if you know the difference?

Yes we supply the world with food and have since our founding.

Agriculture exports in fiscal year 2012 are expected to match 2011 at $137 billion, according to the Outlook for U.S. Agricultural Trade report released by the U.S.

Gasp and that is a severe drought year! How do we do it!

Can you find a country that exports more Ag products?

More and more I feel like I am educating retards on this board and frankly it is kind of boring.
11 John Troll the 3rd (#) Apr 17th, 2013 - 03:15 pm Report abuse
unless you are about to admit that your beloved Mercopress lies in its news stories...


Oh, and I forgot, babies come from storks. Anything else is heresy.

USA USA USA! hahahahahaha. laughing stock of Earth and sorrounding star systems.
12 yankeeboy (#) Apr 17th, 2013 - 03:26 pm Report abuse
Huh? And you link to EONS of drought for the USA? I don't' see how Antarctica ice melt has anything to do with us.

Greenland used to farm and Britain had wine and that was only 500 yrs ago.

We've had this debate before, as I said the USA will adjust and innovate and Argentina will starve and drown.
Just like last week
glug glug glug

It would be nice to see the upper midwest USA or Canada get more warm months. They would rock production.

Your posts are getting more and more bizarre
They doubled CKFs lithium did they do the same to you?
You may be posting a bit early and not out of your stupor yet.
13 LEPRecon (#) Apr 17th, 2013 - 10:30 pm Report abuse
11 Tobias

If you had ever bothered to study history you would know that the world goes through these weather changes quite regularly, every few hundred years or so.

At worst all 'global warming' has done has brought forwards by a few decades (not even centuries) what was going to happen anyway.

3,000 years ago Britain was about 10-15 degrees warmer than it is now, and it's landmass was slightly larger.

But then the Earth began it's 'global cooling' (gasp, shock, horror!), the weather patterns changed, the sea level increased, and some land was lost. Southport beach is great when the tide is out. You find all kinds of artefacts, including Roman and Neolithic.

But why did the weather change? All those Neolithic Cavemen must've kept their fridges open constantly to cause the cooling effect! Oh wait, the fridge is a relatively new invention.

But as usual you don't comment on the thread, you try to divert with inane comments about how it is 'worse' elsewhere, and you're too lazy to even bother backing it up with evidence. I know that 'evidence' is a foreign word for Argentines, especially over your colonial ambitions, but since you go to 'school', you should be a least familiar with the term.

Argentina is in serious trouble, and it needs a serious government to tackle the problems, and not to divert (as you have tried to do with this thread) people's attention away or explain how it is all somehow someone else's fault.

Argentina should be one of the richest countries on the planet, the only ones preventing it from being rich are the too numerous to count corrupt officials and politicians who only care about themselves and how much they can steal, and not about Argentina or its people.

Argentina will remain poor until the people wake up to the fact that you don't have to live with the corruption, that there are other ways to live.
14 Brazilian (#) Apr 18th, 2013 - 01:58 pm Report abuse
Wow, Argentina expects to reap more wheat and that makes so many people here angry...
15 Captain Poppy (#) Apr 21st, 2013 - 02:02 pm Report abuse
Perhaps she is taking a step like Pol Pot and turning her nation into a agrarian economy and she destroyed the industiral sector. She will she start shipping the urbanites to farm camps?
With all this extra wheat that is planned to be planted and X fuel supplies available to run machinery and heat and electricity, she will be asking herself:

“in one hand I need to provide heat and electricity with petro imports, the other I need the petro imports to plant and harvest more wheat to get more U$........mmmmmmmmm....I'll go with the farming option”

Either way the people get screwed.

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